470 3RD ST S #613 (MLS: TB8507871) For Sale

470 3RD ST S #613, (Pinellas), Saint Petersburg Florida 33701

Currently Rented at $2,300.00 / month

Area: 811

Property Info

  • MLS TB8507871
  • Unit No 613
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 811
  • Living Area (sqft) 811
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $914.66

Interior Features

  • Ceiling Fans(s)
  • Open Floorplan
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$260,000.00

Rental Price

$
$2,300.00
  • Cap Rate
  • 4.3%
  • Gross Yield
  • 10.6%
  • Lease End Date
  • April 30, 2027

  • Rent Amount
  • $2,300.00

Cash Flow

Cap Rate4.3 Gross Yield10.6% Annual Rent$27,600.00 Property Taxes$5,336.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $27,600.00 $2,300.00 / mo $138,000.00 $2,300.00 / mo $276,000.00 $2,300.00 / mo
Estimated Expenses $5,336.00 $26,680.00 $53,360.00
Net Cash Flow $22,264.00 $111,320.00 $222,640.00
HOA Fees $10,975.92 $54,879.60 $109,759.20